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Use the following data of Dolphin Sales, Inc.: Unit Total Units Units Cost Cost Sold Beginning inventory 16 $3 $48 Purchase on Apr 25 43
Use the following data of Dolphin Sales, Inc.:
Unit | Total | Units | ||
Units | Cost | Cost | Sold | |
Beginning inventory | 16 | $3 | $48 | |
Purchase on Apr 25 | 43 | 5 | 215 | |
Purchase on Nov 16 | 16 | 8 | 128 | |
Sales | 40 | ? | ? |
Dolphin Sales' LIFO cost of ending inventory would be
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